Global Automotive Solenoid Market – Global Industry Analysis and Forecast (2017-2024)
Global Automotive Solenoid Market is expected to reach USD 67.02 Billion by 2024 from USD 25.79 Billion in 2016 at CAGR of 12.68% (Detailed analysis of the market CAGR is provided in the report).
Global Automotive Solenoid MarketGlobal Automotive Solenoid Market1 Global Automotive Solenoid Market is segmented by type, vehicle type, electrical vehicle type, component, application type, and geography. Safety and Security sub-segment is expected to gain the largest market share in the forecast period. Increasing awareness about safety features and increased mandatory installation of features such as anti-lock braking systems (ABS) and airbags is expected to fuel the safety and security sub-segment growth.
Vehicle type segment is estimated to experience the significant growth of passenger cars sub-segment. This growth is attributed to higher adoption growth of high-end electronics and advanced systems in passenger cars and larger volume of passenger vehicles. The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Rising acuity about advanced safety, comfort, and convenience systems are trending the overall Global Automotive Solenoid Market. However, a short life span of electronics systems will restrain the market growth. APAC is going to emerge as one of the higher growth regions in the forecast period followed by North America and Europe. Japan and South Korea’s presence with their technological advancement, tremendous vehicle production in developing economies like China and India will fuel the Global Automotive Solenoid Market in the APAC region.
Key Highlights:
• Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for Global Automotive Solenoid Market during the forecast period
• Complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Global Automotive Solenoid Market analysis and comprehensive segmentation with respect to the type, vehicle type, electrical vehicle type, component, application type, and geography to assist in strategic business planning
• Global Automotive Solenoid Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and their key regions
Research Methodology:
The research methodology used in this report contains various secondary sources including directories such as Canada Automobile Association (CAA), Japan Automobile Manufacturers Association (JAMA), Korea Automobile Manufacturers Association (KAMA), European Automobile Manufacturers Association (ACEA), and Automotive Component Manufacturers Association of India (ACMA). Bloomberg, Hoovers, and Factiva are some of the sites that are being referred to gain insights about Global Automotive Solenoid Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Automotive Solenoid Market globally
Key Players in the Global Automotive Solenoid Market Are:
• Delphi Automotive PLC
• Robert Bosch
• Toshiba
• Continental
• Johnson Electric
• Mitsubishi Electric Corporation
• NXP Semiconductors
• Harman International
• Infineon Technologies
• Texas Instruments
• Denso Corporation
• Panasonic
Key Target Audience:
• Research and Consulting Firms as well as Venture capitalists, private equity firms, and startup companies
• Global Automotive Solenoid manufacturers
• Automobile manufacturers
• Embedded software developers
• Raw material suppliers
• Global Automotive Solenoid Market Investors
• Traders and distributors of Global Automotive Solenoid
• Electric vehicle manufacturers
• Original Equipment Manufacturers (OEM) and component manufacturing associations
• Government and regulatory authorities
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The scope of the Report:
Research report categorizes the Global Automotive Solenoid Market based on type, vehicle type, electrical vehicle type, component, application type, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Automotive Solenoid Market with key developments in companies and market trends.
Global Automotive Solenoid Market By Type:
• Embedded Hardware
• Embedded Software
Global Automotive Solenoid Market, By Vehicle Type:
• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle
Global Automotive Solenoid Market, By Component:
• Sensors
• Microcontrollers
• Transceivers
• Memory Devices
Global Automotive Solenoid Market, By Application Type:
• Infotainment and Telematics
• Body Electronics
• Safety and Security
• Power Control and Chassis Control
Global Automotive Solenoid Market, By Electrical Vehicle Type:
• BEV
• PHEC
• HEV
Global Automotive Solenoid Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Available Customization:
Maximize Market Research offers customization of report and scope of the report as per the specific requirement of our client.
MAJOR TOC OF THE REPORT
Chapter One: Automotive Solenoid Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Automotive Solenoid Market Competition, by Players
Chapter Four: Global Automotive Solenoid Market Size by Regions
Chapter Five: North America Automotive Solenoid Revenue by Countries
Chapter Six: Europe Automotive Solenoid Revenue by Countries
Chapter Seven: Asia-Pacific Automotive Solenoid Revenue by Countries
Chapter Eight: South America Automotive Solenoid Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Automotive Solenoid by Countries
Chapter Ten: Global Automotive Solenoid Market Segment by Type
Chapter Eleven: Global Automotive Solenoid Market Segment by Application
Chapter Twelve: Global Automotive Solenoid Market Size Forecast (2019-2026)
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